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CapMan Infra to acquire the largest private bus operator in public lines in the Baltics
We are advising CapMan Infra on the acquisition of Hansabuss, the largest private bus operator in public lines in the Baltics. Hansa Grupp has agreed to sell Hansabuss to the CapMan Nordic Infrastructure II fund, managed by CapMan Infra. The transaction is subject to the customary closing conditions and merger control clearance in Estonia. The […]
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Sorainen has compiled a practical guide for landowners to help them understand special national planning schemes
We have prepared a guide commissioned by the Ministry of Economic Affairs and Communications to assist landowners who may encounter contractual and other legal relationships during the preparation and implementation of the planning process. Although the guide focuses primarily on national planning schemes, the principles discussed are also relevant to local government planning. The guide explains landowners’ rights and obligations throughout the planning process […]
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Fibonatix receives a payment institution licence from Latvijas Banka
We advised Fibonatix on obtaining a payment institution licence from Latvijas Banka. SIA Fibonatix (LV) is a company within the Fibonatix brand, which includes the UK-regulated entity Fibonatix (UK) Limited and entities in Germany and Poland, all founded by Israeli founder Tal Miller. Fibonatix’s business involves providing payment solutions for merchants (e-commerce entities and beyond). […]
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A renowned attorney was fully acquitted at all court levels
We successfully represented highly respected attorney-at-law Küllike Namm in a precedent-setting criminal dispute in which the attorney was accused of organising fraud amounting to EUR 634,416.75 via civil proceedings and using forged documents. All three court levels fully acquitted the defendants, finding the prosecution’s allegations unproven and legally flawed. Clarifying questions of confidentiality and the […]
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TWINO Investments Gains Approval Under MiCA to Offer Crypto Asset Services
Our client, TWINO Investments, has successfully obtained an authorisation to provide crypto asset services under the Markets in Crypto-Assets Regulation (MiCA). TWINO was among the first Latvian fintech companies to introduce innovative investment services and is now taking a significant step forward by expanding into regulated crypto-asset services. To enable this expansion, TWINO completed the […]